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BTC & USDT Dominance: The Final Showdown!Hello, traders, Here’s an update on BTC and USDT.D on the 2-week timeframe. BTC recently hit a new all-time high of $108k, followed by a 15% rejection. In my previous video, I clearly mentioned the possibility of this rejection, but many of you focused on cash inflow into BTC, institutional interest, and other factors. I’m not here to prove a point but to present the probabilities of what could happen. This 15% drop was enough to liquidate 419,670 traders in the past 24 hours. What’s next? According to the 2-week chart, BTC is likely to drop to $80k and potentially as low as $69k in the coming weeks. Meanwhile, USDT.D is expected to test the 4.8%-5% resistance level. This could provide enough room for BTC to undergo further correction. A rebound from support is anticipated, and if this chart plays out, we could soon witness another epic rally for BTC. I hope this update helps you make better trading decisions. Please remember to do your own research and analysis before investing. Trade safely.
CRYPTOCAP:USDT.D
by Dexter_The_Trader
2
Anticipating a Correction to $75,000 Preceding a Rise to $150,00 As a seasoned observer of the cryptocurrency markets, I have developed a perspective on Bitcoin's (BTC/USDT) price action that blends technical analysis with historical observation. While the recent upward momentum has generated considerable optimism, a rigorous assessment of market indicators and past patterns suggests a high probability of a significant short-term correction, potentially bringing the price down to $75,000, before a subsequent ascent towards $150,000. This analysis will explore the evidentiary basis for this scenario, leveraging specific examples and technical indicators. Historical precedents serve as a critical foundation for this bearish short-term outlook. Bitcoin has consistently exhibited a cyclical behavior characterized by substantial price corrections following periods of rapid appreciation. A noteworthy example is the 2017 bull market, during which multiple 30-40% drawdowns were observed before the final surge to the all-time high. These corrections were not random market fluctuations but rather periods of market consolidation, during which excessive leverage was purged, and a more stable foundation for future growth was established. The current market conditions, while distinct in certain aspects, bear a notable resemblance to those preceding previous pullbacks, indicating a potential vulnerability to a similar pattern of price correction. Further supporting the likelihood of a correction is the emergence of bearish divergences across shorter timeframes. On the 1-hour (1H) and 4-hour (4H) charts, the price has moved below the 20-period Simple Moving Average (SMA), a key trend-following indicator, signaling a potential shift towards bearish momentum. Simultaneously, the Relative Strength Index (RSI), a measure of price momentum, has dropped below the 50 level on the same timeframes, suggesting that the selling pressure has intensified. Moreover, the Moving Average Convergence Divergence (MACD) indicators on these timeframes have exhibited bearish crossovers, with histograms declining into negative territory, confirming a decline in bullish momentum. Such conditions strongly suggest that an imminent retracement of the price is more likely than the continuation of the current uptrend. The longer-term outlook, while still bullish, does not negate the short-term correction. On the daily timeframe, the price remains above the 20-period SMA. However, the RSI has also started to move downwards and the MACD is showing signs of decreased bullish strength, suggesting that the upward momentum is potentially waning. Historically, such early indications of weakening momentum on the daily chart have often been followed by more substantial pullbacks. These pullbacks serve as essential market resets, creating a more sustainable base for subsequent rallies. The specific target of $75,000 is not arbitrary but rather a confluence of technical and psychological factors. This level is below recent levels of support, representing a potential “shakeout zone” where overleveraged or inexperienced market participants may be forced to liquidate their positions. A move to this level before reversal is also a common pattern in Bitcoin price action. The psychological level of $75,000 could also attract buyers looking for an entry point, which is a factor that would encourage a reversal to the upside from this price level. Looking ahead, the path to $150,000 remains clear, with significant macroeconomic factors and technical trends still supporting long term growth. However, the route to this price point is not likely to be linear and smooth; a move down to the $75,000 price level is likely and expected. The pull back, while unsettling, is likely to provide the next major catalyst needed for Bitcoin’s move towards the $150,000 target and beyond.
Short
by Abdihalim1
BTC Technical Analysis Kept SimpleThis chart shows Bitcoin (BTC/USDT) price movement on a daily timeframe with several technical indicators and key levels highlighted. Here is a breakdown of the analysis: Key Observations: 1. Price Levels: The price recently broke below the 127.20% Fibonacci extension level near $105,595, which now acts as resistance. The 100% Fibonacci level, around $94,916, is being tested and might act as support. There is a green support zone near $85,000–$95,000 that could serve as a demand area for buyers. 2. Indicators: Parabolic SAR (red dot): Indicates a bearish trend as the dot is above the price candles. On-Balance Volume (OBV): Showing a downward trend, signaling decreasing buying pressure or increasing selling volume. Relative Strength Index (RSI): At 45.05, indicating neutral to slightly bearish momentum. The RSI is trending downward, which aligns with the price drop. Chaikin Money Flow (CMF): At 0.02, near the neutral line, suggesting weak inflows or a lack of strong accumulation. 3. 200-Day Moving Average (Red Line): The 200-day moving average is rising but is significantly below the current price. This could indicate that the long-term trend remains bullish despite the short-term correction. 4. Volume: Recent candles show higher volume on red candles, suggesting stronger selling pressure during the price drop. Potential Scenarios: 1. Bullish Case: If the price holds above the $94,916 (100% Fib level) or rebounds from the support zone ($85,000–$95,000), it could trigger a bullish recovery toward $105,595 and potentially retest $108,421. A positive divergence in OBV or RSI could strengthen this case. 2. Bearish Case: If the price breaks below the 100% Fib level, the next key support lies at $85,000–$86,000. A failure to hold this zone might lead to a deeper correction toward the 78.60% Fibonacci retracement level at $70,041. Summary: The price is in a short-term downtrend while approaching a significant support zone.
by vagada
BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete. the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase. The main arguments of the “wave-watchers” Completion of the 5th Elliott Wave According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective. Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began. ABC-shaped correction development After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC). Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure. Loss of key support levels Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase. Declining institutional interest Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend. What to expect next? Wave structure The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves). Key levels to confirm the trend If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation. A move below $10,000 could confirm the end of the global uptrend. Long-term outlook Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
CRYPTO:BTCUSDShort
by Trade_Hive_Signals
1
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL? Hello, colleagues! So, what we have in the middle of the trading week: Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange. Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets. #BTC As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth. I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish. If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.
Short
by Trade_Hive_Signals
Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨 Caution is strongly advised. Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉 🧠 Quick Recap: How to Use the Cycle Signals - ✅ Green Zone = Potential Buy Signal - 🚫 Red Zone = Potential Sell Signal We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key! ⏳ The Danger of FOMO It’s tempting to trade when: - The market moves 24/7 🌐 - Influencers flaunt their PnL cards 📊 - News and activity are constant. 📢 But jumping into an overheated market can lead to losses, not gains. ✅ What to Do Instead: - Don’t chase the hype. - Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk. 🔑 Stay Smart, Stay Patient Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡 This is not financial advice. Always do your own research! 📖
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
BTCUSD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about this chart. comment on my analysis and provide your feedbacks. current price: 100100 currently market is working above its supporting area 99500 and now market is about to hit a new high. market's retracement momentum was over, but because of news impact btc dropped. now btcusd market is trying to stabilize itself and will be trying reach the position 108000 soon. key points: supporting area: 99500, 102000 resistance area: 105000, 107000 Note: first target: 105000 second target: 108000 stop loss: 98500 kindly like, comment, and follow for more updates on btcusd. thanks for support!
CRYPTO:BTCUSDLong
by Ibrahim_Gold_Traders
1
Bitcoin, we're testing a correction...Bitcoin, we're testing a correction... Not to scare anyone, testing 3 situations..... on the last developed tool. 1. growth on the last 2 fractal structures is over, so a fall follows and the trend will change, but the older structure allows maximum growth around 118000. 2. a global decline follows around 46/43000 and then 37/36000/ on the current chart. 3. very, very soon we are in for a correction in the 66666 area..... many altcoins will probably make a new low and then a rapid rise - here I am testing a correction following a growth pattern. .... I wrote for the future. ...This is not investment advice. ...If anyone finds my postings useful and wants to thank me, they can always find me in the comments. Disclaimer, the author of this article has not and will not open positions in bitcoins, this article is a way to analyze the price, do not open positions based on the above.
Short
by Trade_Hive_Signals
Bitcoin What to do and where to run to?Bitcoin What to do and where to run to? Friends, don't forget to click like 🚀 under the idea, it's important. Divergence in trading is a multidirectional movement of the price chart and indicator. On the chart, the price of an asset moves in one direction, while the technical indicator that follows it moves in the opposite direction. Divergence warns that the current price trend may weaken and in some cases may lead to a change in price direction. In this case, we observe a double bearish divergence on the 1D timeframe. This is a powerful correction signal. All traders see it, which will logically lead to fixing positions or opening shorts. What will happen next? Two main scenarios now: 1. Sellers are active and as a consequence - local correction and sideways from current values. 2. Sellers are active, but the market maker is pushing prices higher and removing sellers' stops. This will lead to a triple divergence and will further strengthen the sellers. As a result - a powerful correction and trading at the lower levels. At the moment, both scenarios have equal priority and the decision will be determined by the balance of power in the moment. The scales of the market maker may tip to either side. Write in the comments, what is your mood? Do you want to sell or strong hold?
Short
by Trade_Hive_Signals
BTCUSD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders, what do you think about btcusd kindly share your opinion in the comment section. current price: 107500 after hitting all time high a strong bearish pullback is possible. market will retrace back upto 103600 then it will use this position as a support zone to go further high. currently market's target is 103600 which is our demand zone. key points: demand zone: 103600 retracement area: 107500, 108000 kindly like, comment and follow. thanks for supporting me
CRYPTO:BTCUSDShort
by Ibrahim_Gold_Traders
2
BTC at a Crossroads: Will We Crash to 50K or Blast Off to 117K?BTC Update Hey team, here’s the scoop on Bitcoin right now. We’re at a key level, and the next move could set the tone. Let’s break it down: If BTC drops below 103,445, we could see a dip to 80–85K. If the pressure keeps building, it might even slide to 50–53K. But if BTC breaks above 108K, we could rally to 117K before things cool off again. Trading can feel uncertain, but it’s all about being prepared. No matter what happens, trust your plan, stay patient, and take it step by step. You’ve got this! By the way, if you’re curious about how to balance trading and wellness—or just want to chat about trading mindset—send me a DM. Let’s win together, on and off the charts. What’s your take—are we heading up or down from here? Kris/Mindbloome Exchange
KRAKEN:BTCUSD
by Mindbloome-Trading
BTC/USDT SHORT TERM TARGET AND IMPORTANT SUPPORT LEVELS!!!Bitcoin's surge towards $112,000 excites investors, but caution is warranted. Strong weekly closes fuel optimism, yet corrections loom. Support levels at $92,690, $92,551, $83,470, and $74,541 offer potential buying opportunities. The 5EMA suggests short-term strength, with prices above the moving average. However, this rally presents a problem for altcoins. Bitcoin's non-bearish dominance stifles their growth potential. Typically, altcoins thrive when Bitcoin's dominance wanes or stabilizes. This creates a dilemma for diversified crypto portfolios. The solution? Monitor Bitcoin's dominance closely. A shift could spark altcoin momentum. Meanwhile, focus on Bitcoin's journey, using support levels as guideposts. If breached, watch $55,017 for a possible trend reversal. Adapt strategies as market dynamics unfold.
by PROFITPULSE10X
Bitcoin, we have to talk !FIRST AND FOR MOST, CONGRATS EVERYONE ON 100K ! Now, I don’t even know what to say, honestly. Right now, we’re in a bit of a situationship with Bitcoin. You see those two trendlines (red and green)? Yeah, they’re a problem. Both are drawn from the 2017 market cycle peak and the two 2021 market cycle peaks. (We can argue all day about which one was the real top, but honestly, that’s irrelevant in this situation.) The real question is: what makes a trendline valid? A valid trendline needs to touch three points, right? And here’s the catch—we can argue that these trendlines are missing that third peak to be considered valid. Exactly. My point is that we might actually be making that third peak right now. If that happens, the trendline gets validated, and we’d have—ugh, I hate to say it—a market cycle top. In the best-case scenario, it’s just a local top. The volume has been decreasing on the daily chart since we first breached 100k. This suggests there isn’t much conviction behind the slow grind higher we’ve been seeing. but hey its a grind i'll take it. But nothing is guaranteed. Let’s just watch and tread carefully. P.S. ETH hasn’t hit a new ATH yet, so I’m not saying it’s game over for the market. But for Bitcoin? Yeah, it might be. how and ETH is not even challenging the ATH , I don’t know. Can Bitcoin slice through them like they don’t even exist? Yes, it absolutely can. "That's it, that's the idea" - Good night !
INDEX:BTCUSD
by hhMaxima38